ARL 0.83% 60.5¢ ardea resources limited

Good support above 68 cents and if we see 75 cents get tested...

  1. 4,816 Posts.
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    Good support above 68 cents and if we see 75 cents get tested things could change very quickly.No surprise at all as we consider all the news we’ve seen in the forum as well as the general news around the world.

    If the DFS funding is announced ( my guess is it’s on but still no jinxing ), it would be very reasonable to imagine that we will get a lot of attention from funds, retail investors etc but also government backed groups around the world.

    Not saying that means money from the last group but that we will pop up on a lot more screens thanks to the real link we would thereby have to Sumitomo and Mitsubishi, two groups that certainly have a lot of connections to governments around the world.

    The delay in the announcement tells me that both sides know they have something very meaningful to contribute & are doing their best for their shareholders, as they should.


    All in all the stars really are aligning very well for we shareholders & 80 cents will very likely be a very cheap price for this stock. Even $1 could look like a bargain in a week or two!
 
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